Systematic Investment Plan (SIP)

Name: SIP
Rating: 4.58 (232 reviews)

Systematic Investment Plan (SIP) is a way of investing in mutual funds through which an investor can invest a fixed amount in mutual fund scheme of his/her choice at regular intervals.

Like a Recurring Deposit, an investor can invest fixed amount at regular intervals (monthly or quarterly) through SIP. Rather than investing a large amount one-time through lump sum mode, more investors now prefer to invest smaller amounts regularly through the SIP mode. You can start investing through SIP in a mutual fund scheme with an amount as low as Rs 100 per month.

Benefits of investing through SIP

Easy on pockets – Start investing with an amount as low as 100 per month

Inculcates discipline in investing

Helps in averaging the cost of investment (rupee cost averaging)

Removes the need to time the market

Benefit from power of compounding over long term

Best Funds for SIP

Scheme Name	NAV	RETURN			ACTION
Scheme Name	NAV	1 Year	3 Year	5 Year	ACTION
UTI-Flexi Cap Fund (G)	238.6542	64.98%	17.98%	17.00%	Start a SIP
Aditya Birla SL Flexi Cap Fund (G)	1,066.1800	57.56%	14.28%	14.69%	Start a SIP
ICICI Pru MidCap Fund (G)	151.6200	79.56%	16.04%	15.27%	Start a SIP
SBI Large & Midcap Fund (G)	337.5984	65.16%	16.67%	14.80%	Start a SIP
Kotak Flexi Cap Fund (G)	49.2850	45.00%	12.51%	14.03%	Start a SIP
AXIS Midcap Fund (G)	62.8200	63.42%	20.73%	19.37%	Start a SIP
Nippon India Small Cap Fund (G)	76.5618	113.45%	22.24%	22.13%	Start a SIP

Right time and amount to start a SIP

There is no time like NOW to start investing. The earlier you start investing, the better it is. This gives the invested money more time in the market, thereby increasing the growth potential of your investments.

A SIP calculator can help you determine the right amount for starting a SIP. You should choose an amount that you can invest regularly without stopping your investments.

MONTHLY INVESTMENT

Rs

EXPECTED RETURN RATE

%

TIME PERIOD (Years)

Yr

Investment Amount 20,00,000
Returns 1,25,000
Total Value of Investment 1,25,000

Invest Now

Important document

Value added features make investing simpler on ICICIdirect.com

SIP Step Up (SIP Top up):

Automatically increase your SIP amount on periodic basis

SIP Pause:

Allows to take a break from your investment to meet financial exigencies

Period Till Cancellation (Perpetual SIP):

Set up a perpetual SIP and forget the hassle of tracking expiry dates

Auto-renewal of SIP:

Option to auto-renew SIPs post completion of selected period

SIP Modification:

Flexibility to modify Trigger date, Frequency, Period & investment amount online with a few clicks

Any Date SIP:

Option to start SIP on any date between 1st to 28th of a month in schemes of select AMCs

Multiple payment modes:

Investment can be done through linked ICICI Bank account, Mandate & UPI

Steps to invest in SIP through ICICIdirect.com/ICICIdirect Money app

Login to your account
Select a Mutual Fund from multiple options: Recommended schemes/ iDirect One Click Investment Basket(s)/ Using search filters
Provide investment details and confirm

Watch our Video to know more

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FAQs

What is broker mode and client mode?

Under Margin segment, we offer 2 options to square off your positions- Intraday square off and Carry forwarding. Broker mode signifies squaring off of your position on the same day by yourself or the system while Carry forwarding gives you the flexibility to keep your position active for 365 days.

How do we square off position in Client mode?

To start with, we are launching access to US equities, ETF's and fixed income. We will enable access to other markets at a later stage.

What is Margin required and how do we calculate initial and minimum margin?

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What happens if the margin is less?

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How is brokerage calculated on Margin Client mode?

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Knowledge Center

Systematic Investment Plan (SIP)

Benefits of investing through SIP

Best Funds for SIP

Right time and amount to start a SIP

MONTHLY INVESTMENT

EXPECTED RETURN RATE

TIME PERIOD (Years)

Important document

Value added features make investing simpler on ICICIdirect.com

SIP Step Up (SIP Top up):

SIP Pause:

Period Till Cancellation (Perpetual SIP):

Auto-renewal of SIP:

SIP Modification:

Any Date SIP:

Multiple payment modes:

Steps to invest in SIP through ICICIdirect.com/ICICIdirect Money app

Watch our Video to know more

Podcast

Hear exclusive Podcast on ICICI Prudential Asset Allocator Fund (FOF), a fund that helps you create wealth by using smart investing technique of right asset, right time & right allocation.

Listen to our exclusive podcast on ICICI Prudential Balanced Advantage Fund, a fund that helps you make the most of market volatility by dynamically managing allocation between equity & debt assets.

Listen to our exclusive podcast on Motilal Oswal Dynamic Fund, a fund that auto rebalance your portfolio

Demystifying the IDFC Balanced Advantage Fund

Articles

Adani Power settles a tad above

Lorem ipsum dolor sit amet, consectetur

Lorem ipsum dolor sit amet

FAQs

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